/term/cyclically-adjusted-book/XCNQ:MMEN MedMen Enterprises (XCNQ:MMEN) Cyclically Adjusted Book per
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MedMen Enterprises (XCNQ:MMEN) Cyclically Adjusted Book per Share : C$0.72 (As of Mar. 2023)


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What is MedMen Enterprises Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

MedMen Enterprises's adjusted book value per share for the three months ended in Mar. 2023 was C$0.121. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is C$0.72 for the trailing ten years ended in Mar. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-06-20), MedMen Enterprises's current stock price is C$0.015. MedMen Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was C$0.72. MedMen Enterprises's Cyclically Adjusted PB Ratio of today is 0.02.


MedMen Enterprises Cyclically Adjusted Book per Share Historical Data

The historical data trend for MedMen Enterprises's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

MedMen Enterprises Cyclically Adjusted Book per Share Chart

MedMen Enterprises Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -5.35 -2.88 -0.37 0.62

MedMen Enterprises Quarterly Data
Apr18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.62 0.67 0.72 0.72

Competitive Comparison of MedMen Enterprises's Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, MedMen Enterprises's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MedMen Enterprises's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, MedMen Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where MedMen Enterprises's Cyclically Adjusted PB Ratio falls into.



MedMen Enterprises Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, MedMen Enterprises's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book= Book Value per Share /CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=0.121/127.3478*127.3478
=0.121

Current CPI (Mar. 2023) = 127.3478.

MedMen Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201304 0.192 98.107 0.249
201307 0.101 98.557 0.131
201310 -0.005 98.536 -0.006
201401 -0.080 98.692 -0.103
201404 -0.307 100.023 -0.391
201407 0.784 100.520 0.993
201410 0.692 100.176 0.880
201501 0.569 98.604 0.735
201504 0.543 99.824 0.693
201507 0.476 100.691 0.602
201510 0.427 100.346 0.542
201601 0.376 99.957 0.479
201604 0.313 100.947 0.395
201607 0.251 101.524 0.315
201610 0.193 101.988 0.241
201701 0.137 102.456 0.170
201704 0.072 103.167 0.089
201707 -0.015 103.278 -0.018
201710 -0.073 104.070 -0.089
201801 -0.150 104.578 -0.183
201804 0.796 105.708 0.959
201809 3.229 106.507 3.861
201812 3.794 105.998 4.558
201903 2.489 107.251 2.955
201906 1.850 108.070 2.180
201909 1.669 108.329 1.962
201912 1.315 108.420 1.545
202003 1.055 108.902 1.234
202006 0.535 108.767 0.626
202009 0.503 109.815 0.583
202012 0.414 109.897 0.480
202103 0.428 111.754 0.488
202106 0.322 114.631 0.358
202109 0.266 115.734 0.293
202112 0.250 117.630 0.271
202203 0.215 121.301 0.226
202206 0.149 125.017 0.152
202209 0.165 125.227 0.168
202212 0.153 125.222 0.156
202303 0.121 127.348 0.121

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


MedMen Enterprises  (XCNQ:MMEN) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

MedMen Enterprises's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.015/0.72
=0.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


MedMen Enterprises Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of MedMen Enterprises's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


MedMen Enterprises (XCNQ:MMEN) Business Description

Traded in Other Exchanges
N/A
Address
10115 Jefferson Boulevard, Culver City, CA, USA, 90232
MedMen Enterprises Inc formerly known as Ladera Ventures Corp is the preeminent cannabis company with multiple assets and operations in California, Nevada, and New York, which combined account for nearly half of North America's addressable legal market. The company owns and operates licensed cannabis facilities in cultivation, manufacturing, and retail.

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